We should pay attention to this… This kind of rhetoric will become common in the coming months.
The South African Reserve Bank has cut its policy rate five times since the beginning of last year to a record low to support an economy that contracted the most in nine decades last year.
The central bank’s quarterly projection model implies increases of 25 basis points in the second and third quarter of 2021.
Please, read our Outlook 2021 in which the Inflation thesis is widely developped.
